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The San Francisco Service.

Sir Bodenck Cameron, founder of tbe great shipping firm of R. and W. Cameron, of London and New York, was interviewed by an Auokland Herald representative, and the following is a summary of what he said referring to a San Francisco service and its possible stoppage tbrongb tbe withdrawal ot the subsidies : — " That service will never stop, not even if all tbe subsidy is withdrawn. Why last year the company paid a dividend of 12 per cent. The trade between America, the Hawaiian Islands, Samoa, and New Zealand is too profitable and too valuable to be abandoned. What you want is faster boats, co that your letters would be delivered in twenty-foar or thirty days in London. ... I myself would wish ' no better thing than tbe possession of this trade across the Pacific, and I am confident that within five years you will have your letters delivered in London in 24 or 25 days. The beautiful islands in the route have but to become thoroughly known and to have a proper fast service to be transformed into tbe favorite sanatoriums of tbe earth. Thousands would flock to them, and the traffic would be enormous. ... It seems to me Auckland bas, at any rate, tbe greatest interest for tboee who look to tbe future of the Pacific. The completion of the

Panama and tbe Nicaragua canals is a certainty. The contractors who under* took tbe building of the Panama Canal have now formed a syndicate amongst themselves, and have got from the French company previously interested the trans* fer of all work, etc. Arrangements are being made that -they shall pay nothing whataver for the rights until the canal has been completed, and they have received a oertain return. The contractors have thus undertaken to oom> plete tbe work with their own money, and they are as oertain to finish and open it as the American Government is to finish and open the Nicaragua canal.. The completion of these canals will mark tbe opening of a new era for Auckland, and I should just like to be here a year or two before then to become possessed of some of your real estate. I think the opening of the canals will be among the most important events in the history of the colony. I&m no expert, but Ido not see wby, with the means and tbe oaptol available, the work should not be Jtt» iv»\th\n five years. Sow Zealand w * whole wi{( reap an immense advauttue,"

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/HNS18921201.2.16

Bibliographic details

Hawera & Normanby Star, Volume XIX, Issue 3290, 1 December 1892, Page 2

Word Count
419

The San Francisco Service. Hawera & Normanby Star, Volume XIX, Issue 3290, 1 December 1892, Page 2

The San Francisco Service. Hawera & Normanby Star, Volume XIX, Issue 3290, 1 December 1892, Page 2